WordPress parent Automattic rakes in $160 mln Series C funds

According to a post on its site authored by CEO Matt Mullenweg, Automattic, the creator of WordPress, has raised $160 million in Series C funding. Deven Parekh of Insight Ventures led the round with participation from other investors that included Chris Sacca, Endurance and True Ventures. To read Mullenweg’s announcement, visit here.